Tag «Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari»

Differences with US Over Poultry Ban and Penal Duties on Steel

The United States (US) and India had consultations under the Dispute Settlement Understanding of WTO in two different dispute matters, one concerning restrictions by India on import of certain agricultural products including poultry and the other concerning exorbitantly high Countervailing duty (CVD) imposed by US on certain steel products originating from India. Since consultations could …

Incentives Given for Business Units in SEZs

The fiscal concessions and duty benefits allowed to SEZs are in built into the SEZs Act, 2005 and Rules framed thereunder. These exemptions are uniformly applicable to all SEZs and are primarily in the nature of incentives for export and are consistent with the principles that guide export promotion initiatives of the Government in general. Since …